Income Protection & Business Expenses

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What is Income Protection?

Your Income Protection Policy will replace up to 70% of your lost income due to sickness or injury.

This policy provides a benefit to replace a portion of your pre-disability income that is lost if you suffer an illness or injury that prevents you from working beyond your waiting period, up to the end of your specified benefit period.

This will help you recover with the peace of mind that your mortgage and expenses will be covered in the event of unforeseen circumstances.

For most people covered with an Income protection, premiums are tax deductable and can be paid through superannuation. Ask your accountant or the ATO if you qualify.

Call us today to protect your financial future!

Waiting & Benefit Periods

Waiting Period: You choose the time it takes before your benefits kick in. Your policy can usually start to cover your costs after 30 days!

Benefit Period: How long the policy pays out is up to you. Choose 1 year or up to age 65 depending on your situation.

Ask us about Business Expenses Cover?

This tax-deductible policy generally suits small business and provides a monthly benefit to cover your fixed business overhead expenses if you’re injured or ill and cannot work.

Examples of these expenses can include Rent, Staff salaries, Equipment, Bills, Loans, Leases and other running costs that you would have to pay if you were ill or injured and could no longer work.

Do you know how much cost you’ll need to cover costs if you can’t work?

Review Our Other Insurance Cover Options

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Disclaimer: The information on this website is general in nature and not tailored to your specific financial situation.

Before acting on any information, consider your circumstances and seek appropriate advice.

The website compares certain products based on price alone and may not include all available options.

Riverina Life Planners Pty and its advisers are authorised representatives of Life Plan FP Australia AFSL 277681, licensed to provide advice on life insurance products.

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